Serious People Notice Banks Are Gouging Consumers and Tanking the Economy

Well, better late than never: rates on 10-year Treasury bonds are only about 3 percent, many consumers still carry tens of thousands of dollars of credit card debt at 20 percent or more. This burden has been a continuing drag on spending. The federal government could reduce it by borrowing at 3 percent and lending … Continue reading Serious People Notice Banks Are Gouging Consumers and Tanking the Economy